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United States Natural Gas Fund LP(UNG) +17.52%

Our Members Say …

“Mike, I just want to say how much I like this new format where our questions are on the same page as your trading information. I suspect it is creating more work for you, since we are now asking more questions, but I'm sure I speak for many when I say that I find it very informative and helpful. And, by the way, I think you're a genius!”

Subscriber JQRESQTrading Room post

“I have been with MPTrader going on 5 years and I have always appreciated Mike's insights, thoughtfulness and reasonable price.”

Ed MilsteinSedalia, Colo.

“Since February (three months) trading options in the ETFs along with Mike's analysis, we have about doubled our portfolio in two accounts.”

Joe ArrowoodAshville, N.C.

“Your service is wonderful and making me lots of money!”

Moshe RabinCoral Springs, Fla.

“Mike 's superb and timely running comments are invaluable. He tells it like it is, giving reasons for expected near-term ma rket direction and reliable target prices. I especially like the up-to-date history charts with various pivot points, explanations and target prices, th en followed up with frequent intraday notices with the "ca-ching" alarm.”

George WolfeRogers, Ark.

“Mike, you take the technicals to another level for me. You put all the pieces together. No one is 100%, but you come damn close ! You have the best service I have ever come across. You are honest, sincere, and a straight shooter!”

Cliff TrovarelliBaldwin, N.Y.

“I am really enjoying your service and I am making good money, too. I learn a lot and I earn a lot!”

Raleigh MakarechianWestminster, Colorado

“Mike Paulenoff is the Michael Jordan of trading! It is incredible how he succeeds even when it seems the market is going the oth er way around. This is the greatest service I've ever tried!”

Alessandro MerraRome, Italy

“Mike's analytics of the market are the best I have ever read.”

Olga RabichkinLos Angeles, Calif.

“Using services such as Paulenoff's...is like having a trading mentor walk you through the trading day.”

Futures MagazineSeptember 2003

“Mike Paulenoff is the best index chart analyst I've seen!”

Harry BoxerThe Technical Trader

“Per your excellent past advice, I took profit on 1/2 of total bond position this Am. Holding other half forever. If I could tell you my profit, you wouldn't believe it. I will remain a subscriber forever, even if I never take another trade. If you retire, give me your address and I'll send my monthly subscription fee to wherever.”

Questions about our service

Index/sector analysis includes annotated charts intraday on the eMini S&P, Gold & Oil, Treasuries, U.S. Dollar,
other currencies, international markets, and more, from pre-open to after close. Trade set-ups are intraday entry/exit
signals (2-day to 2-week horizon) on ETFs and leading sector component stocks, with updated stops and targets.

No. Trades are hypothetical but based on actual prices. Suffice it to say that too many conflicts of interest preclude me from participating in the same ideas that I post on the website. Furthermore, I have always thought that one's objectivity suffers if personally involved in the same positions as subscribers.

As MPTrader's (hypothetical) portfolio rarely has more than 5 positions at a time, let's consider 5 positions to be a complete trading portfolio. Thus, 1 full position would be 1/5 (20%) of a trading portfolio. A 1/2 position, in turn, would be 10% of the portfolio and a 1/4 position 5%.

Maintaining this discipline, we will be diversified, and no one ETF or stock position will ruin us. On the other hand, no one position will make us rich either. The aim here is to accumulate profits over time across a spectrum of vehicles... using technical analysis as our decision-making tool.

Yes, my stops are confined to normal trading hours (9:30am to 4:00pm ET) -- not afterhours trading. Stops continue to the next day, unless otherwise specified. If noted as a "Close Only" stop, then the stop can ONLY be executed if the position is below the stop price with 5 minutes remaining in the session.

Twenty years ago, if you had asked me how much I weighed or relied on technical analysis on one hand, versus how much I emphasized fundamental analysis (macro and micro) on the other, I think the split would have been about 80% technical vs. 20% fundamental.

I have matured though (at least I think I have) into a more well-rounded "technician-strategist," who now probably uses a 65%-35% mix to analyze the markets, trends, psychology macro and micro economic data, economic history, etc.

What you see on this site most of the time may appear to be cold, hard, chart work, but lots of underlying economic and psychological thought goes into the chess game of position trading, etc.

My forte without a doubt is in chart analysis...and I think that comes through loud and clear on a daily basis.

But I also know my limitations fundamentally, and so, I solicit the opinion a select few other strategists and economists (yes, even economists!), primarily those who exhibit a strong sense of market history -- to supplement my technical work.

A short-term position reflects my conclusion about the technical work that indicates a move is imminent and should unfold within the next 1-3 days, to which I can apply tight stops and immediate price targets. By contrast, an intermediate-term position is one in which I see a pattern developing over a potentially extended timeframe -- usually 1-3 months-- where I want to "be there" in anticipation of the market reaching its technical potential. Under such a scenario, stops tend to be considerably further away, requiring more risk initially than otherwise would be the case with a short-term position.

The alert page will only refresh if there is a new entry. You may hear a sound every 10 seconds, (like a clicking sound if you use Internet Explorer) but that is perfectly normal. Please note that you can turn that sound off in the options for Internet Explorer Our website does require some newer browser technology to function like JavaScript and iframes.